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Energising ASEAN-EU trade

IMAGE:  Top (left-right): Mr Igor Driesmans, European Union Ambassador to ASEAN; Professor Goh Yihan, Dean of SMU School of Law. Bottom (left-right): SMU Associate Professor of Law Pasha Hsieh; SMU Assistant. view more  Credit: Singapore Management University SMU Office of Research & Tech Transfer - Will a pandemic reverse the wave of protectionism that has swept across the globe in recent years? Such a prospect may seem incredible with global trade having fallen by over 30 percent this year, but the European Union (EU) and Association of Southeast Asian Nations (ASEAN) are determined to reach a different conclusion. On 1 December 2020, the two multinational blocs achieved a diplomatic milestone after establishing a formal strategic partnership, paving the way for future cooperation on economic and security issues. Hopes are now rising for a crowning achievement which has remained elusive in recent years: solidifying a free trade agreement (FTA) between two organisat

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